NWMLS: Housing Market Already Hibernating for Winter

NWMLS: Housing Market Already Hibernating for Winter

November market stats were published by the NWMLS today. They haven’t published their press release to its typical location yet [update: it has been posted now], so let’s just dive right into our usual monthly stats. CAUTION NWMLS monthly reports include an undisclosed and varying number ofsales from previous months in their pending and closed […]

Cheapest Homes: December 2014 Edition

Cheapest Homes: December 2014 Edition

Let’s check in again on the cheapest homes around Seattle proper. Here’s our methodology: I search the listings for the cheapest homes currently on the market, excluding short sales, in the city of Seattle proper. Any properties that are in obvious states of extreme disrepair based on listing photos and descriptions will be excluded. This […]

November Stats Preview: Already Winter Edition

November Stats Preview: Already Winter Edition

With November now behind us, let’s have a look at our monthly stats preview. Most of the charts below are based on broad county-wide data that is available through a simple search of King County and Snohomish County public records. If you have additional stats you’d like to see in the preview, drop a line […]

Case Shiller Tiers: High Tier Declining Alone

Case Shiller Tiers: High Tier Declining Alone

Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details […]

Case-Shiller: Home Prices Slip Further Into Fall

Case-Shiller: Home Prices Slip Further Into Fall

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to September data, Seattle-area home prices were: Down 0.2% August to September Up 6.0% YOY. Down 11.3% from the July 2007 peak Last year at this time prices were still rising. They increased 0.3% from August to September and year-over-year […]